sur Silver X Mining Corp. (CVE:AGX)
Silver X Achieves Strong Financial Results in 2025 Amid Strategic Turnaround
Silver X Mining Corp. reported significant financial and operational gains in 2025, marking a pivotal year. The company, an emerging precious metals producer based in Vancouver, operates the Nueva Recuperada Project in Peru. It recorded a net operating revenue of $25.2 million, a 16% increase year-over-year, and an operating income of $5.8 million, a substantial improvement from 2024's loss.
The fourth quarter of 2025 was particularly strong, with a 65% revenue increase, totaling $9.6 million. Despite a net loss of $4.0 million due to a one-time $4.9 million administrative sanction, excluding this, the company demonstrated profitability.
Silver X adopted a high-grade mining strategy, enhancing average silver grades by 9%. With decreased cash costs and a focus on mine development, the company aims for 1,000 tonnes per day in 2026 and potential growth with the Pampas Project.
R. E.
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